Announcement PDF Appendix 3B New issue announcement Rule 2.7, 3.10.3, 3.10.4, 3.10.5 Appendix 3B New issue announcement, application for quotation of additional securities and agreement Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13 Name of entity ALLIGATOR ENERGY LIMITED ABN 79 140 575 604 We (the entity) give ASX the following information. Part 1 - All issues You must complete the relevant sections (attach sheets if there is not enough space). 1 +Class of +securities issued or to Ordinary Shares be issued 2 Number of +securities issued or to be issued (if known) or maximum number which may be issued 39,427,183 ordinary shares issued under a non-renounceable rights issue (Rights Issue) announced 21 August 2015 3 Principal terms of the (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) Ordinary fully paid shares to be offered pursuant to a 1:4 Rights Issue +securities + See chapter 19 for defined terms. 04/03/2013 Appendix 3B Page 1 Appendix 3B New issue announcement 4 Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted +securities? Yes If the additional +securities do not rank equally, please state: • the date from which they do • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 5 Issue price or consideration $0.04 per share 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) The funds raised under the Rights Issue will be used primarily (after payment of capital raising expenses) to undertake drilling of three highly prospective targets at the Beatrice Project Area (BPA) commencing September 2015, to meet other exploration commitment expenditure in the region, to advance business development activities and to provide working capital. 6a Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A? No If Yes, complete sections 6b – 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i 6b The date the security holder resolution under rule 7.1A was passed Not applicable 6c Number of +securities issued without security holder approval under rule 7.1 Not applicable + See chapter 19 for defined terms. Appendix 3B Page 2 04/03/2013 Appendix 3B New issue announcement 6d Number of +securities issued with security holder approval under rule 7.1A Not applicable 6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting) Not applicable 6f Number of +securities issued under an exception in rule 7.2 Not applicable 6g If +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the +issue date and both values. Include the source of the VWAP calculation. Not applicable 6h If +securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements Not applicable 6i Calculate the entity’s remaining issue capacity under rule 7.1 and rule 7.1A – complete Annexure 1 and release to ASX Market Announcements 52,634,530 7 +Issue dates 22 September 2015 Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A. Cross reference: item 33 of Appendix 3B. 8 Number +class Number all 350,896,873 and of quoted on ASX (including the +securities in section 2 if applicable) +Class Ordinary Shares +securities + See chapter 19 for defined terms. 04/03/2013 Appendix 3B Page 3 Appendix 3B New issue announcement 9 10 Number and of all +securities not quoted on ASX (including the +securities in section 2 if applicable) Number +Class 6,250,000 Options exercisable at $0.20 expiring on 21 November 2015 2,000,000 Options exercisable at $0.25 expiring on 30 November 2015 700,000 Options exercisable at $0.15 expiring om 7 March 2017 1,000,000 Options exercisable at $0.00 if vesting conditions are met before 2 May 2017 2,205,882 Options exercisable at $0.00 if vesting conditions are met before 26 November 2017 2,035,647 Options exercisable at $0.00 if vesting conditions are met before 31 January 2016 2,035,647 Options exercisable at $0.00 if vesting conditions are met before 21 April 2018 +class Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests) There is no change in the dividend policy Part 2 - Pro rata issue 11 Is security required? holder approval No + See chapter 19 for defined terms. Appendix 3B Page 4 04/03/2013 Appendix 3B New issue announcement 12 Is the issue renounceable or nonrenounceable? Non- renounceable 13 Ratio in which the will be offered 1:4 14 +Class of +securities to which the +securities Ordinary Shares offer relates 15 +Record date entitlements to determine 16 Will holdings on different registers (or subregisters) be aggregated for calculating entitlements? Not Applicable 17 Policy for deciding entitlements in relation to fractions Round up 18 Names of countries in which the entity has security holders who will not be sent new offer documents Hong Kong Canada United Kingdom Singapore Qatar Malaysia Note: Security holders must be told how their entitlements are to be dealt with. Cross reference: rule 7.7. of 27 August 2015 at 7pm Brisbane time 19 Closing date for receipt acceptances or renunciations 20 Names of any underwriters Not underwritten 21 Amount of any underwriting fee or commission Not Applicable 22 Names of any brokers to the issue Not Applicable 23 Fee or commission payable to the broker to the issue Not Applicable 24 Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of security holders Not Applicable 15 September 2015 at 5pm Brisbane time + See chapter 19 for defined terms. 04/03/2013 Appendix 3B Page 5 Appendix 3B New issue announcement 25 If the issue is contingent on security holders’ approval, the date of the meeting Not Applicable 26 Date entitlement and acceptance form and offer documents will be sent to persons entitled 1 September 2015 27 If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders 21 August 2015 28 Date rights trading will begin (if applicable) Not Applicable 29 Date rights trading will end (if applicable) Not Applicable 30 How do security holders sell their entitlements in full through a broker? Not Applicable 31 How do security holders sell part of their entitlements through a broker and accept for the balance? Not Applicable 32 How do security holders dispose of their entitlements (except by sale through a broker)? Not Applicable 33 +Issue date 22 September 2015 Part 3 - Quotation of securities You need only complete this section if you are applying for quotation of securities 34 (a) Type of +securities (tick one) +Securities described in Part 1 + See chapter 19 for defined terms. Appendix 3B Page 6 04/03/2013 Appendix 3B New issue announcement (b) All other +securities Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities Entities that have ticked box 34(a) Additional securities forming a new class of securities Tick to indicate you are providing the information or documents 35 If the +securities are +equity securities, the names of the 20 largest holders of the additional +securities, and the number and percentage of additional +securities held by those holders 36 If the +securities are +equity securities, a distribution schedule of the additional +securities setting out the number of holders in the categories 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001 and over 37 A copy of any trust deed for the additional +securities + See chapter 19 for defined terms. 04/03/2013 Appendix 3B Page 7 Appendix 3B New issue announcement Entities that have ticked box 34(b) 38 Number of +securities for which Not Applicable +quotation is sought 39 +Class of +securities for which quotation is sought Not Applicable 40 Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted +securities? Not Applicable If the additional +securities do not rank equally, please state: • the date from which they do • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 41 Reason for request for quotation now Not Applicable Example: In the case of restricted securities, end of restriction period (if issued upon conversion of another +security, clearly identify that other +security) Number 42 +Class Number and +class of all +securities quoted on ASX (including the +securities in clause 38) + See chapter 19 for defined terms. Appendix 3B Page 8 04/03/2013 Appendix 3B New issue announcement Quotation agreement 1 +Quotation of our additional +securities is in ASX’s absolute discretion. ASX may quote the +securities on any conditions it decides. 2 We warrant the following to ASX. • • The issue of the +securities to be quoted complies with the law and is not for an illegal purpose. There is no reason why those +securities should not be granted +quotation. • An offer of the +securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act. Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty • • Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any +securities to be quoted and that no-one has any right to return any +securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the +securities be quoted. If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the +securities be quoted. 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement. 4 We give ASX the information and documents required by this form. If any information or document is not available now, we will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete. Sign here: ............................................................Date: 22 September 2015 Company secretary Print name: ........M C Meintjes................................................. == == == == == + See chapter 19 for defined terms. 04/03/2013 Appendix 3B Page 9 Appendix 3B New issue announcement Appendix 3B – Annexure 1 Calculation of placement capacity under rule 7.1 and rule 7.1A for eligible entities Introduced 01/08/12 Amended 04/03/13 Part 1 Rule 7.1 – Issues exceeding 15% of capital Step 1: Calculate “A”, the base figure from which the placement capacity is calculated Insert number of fully paid +ordinary securities on issue 12 months before the +issue date or date of agreement to issue 304,085,787 Add the following: • Number of fully paid +ordinary securities issued in that 12 month period under an exception in rule 7.2 42,174,242 • Number of fully paid +ordinary securities issued in that 12 month period with shareholder approval 4,636,844 • Number of partly paid +ordinary securities that became fully paid in that 12 month period Note: • Include only ordinary securities here – other classes of equity securities cannot be added • Include here (if applicable) the securities the subject of the Appendix 3B to which this form is annexed • It may be useful to set out issues of securities on different dates as separate line items Subtract the number of fully paid +ordinary securities cancelled during that 12 month period - “A” 350,896,873 + See chapter 19 for defined terms. Appendix 3B Page 10 04/03/2013 Appendix 3B New issue announcement Step 2: Calculate 15% of “A” “B” 0.15 [Note: this value cannot be changed] Multiply “A” by 0.15 52,634,530 Step 3: Calculate “C”, the amount of placement capacity under rule 7.1 that has already been used Insert number of +equity securities issued or agreed to be issued in that 12 month period not counting those issued: • Under an exception in rule 7.2 • Under rule 7.1A • With security holder approval under rule 7.1 or rule 7.4 - Note: • This applies to equity securities, unless specifically excluded – not just ordinary securities • Include here (if applicable) the securities the subject of the Appendix 3B to which this form is annexed • It may be useful to set out issues of securities on different dates as separate line items “C” - Step 4: Subtract “C” from [“A” x “B”] to calculate remaining placement capacity under rule 7.1 “A” x 0.15 52,634,530 Note: number must be same as shown in Step 2 Subtract “C” - Note: number must be same as shown in Step 3 Total [“A” x 0.15] – “C” 52,634,530 [Note: this is the remaining placement capacity under rule 7.1] + See chapter 19 for defined terms. 04/03/2013 Appendix 3B Page 11 Appendix 3B New issue announcement Part 2 Rule 7.1A – Additional placement capacity for eligible entities Step 1: Calculate “A”, the base figure from which the placement capacity is calculated “A” N/A Note: number must be same as shown in Step 1 of Part 1 Step 2: Calculate 10% of “A” “D” 0.10 Note: this value cannot be changed Multiply “A” by 0.10 Step 3: Calculate “E”, the amount of placement capacity under rule 7.1A that has already been used Insert number of +equity securities issued or agreed to be issued in that 12 month period under rule 7.1A Notes: • This applies to equity securities – not just ordinary securities • Include here – if applicable – the securities the subject of the Appendix 3B to which this form is annexed • Do not include equity securities issued under rule 7.1 (they must be dealt with in Part 1), or for which specific security holder approval has been obtained • It may be useful to set out issues of securities on different dates as separate line items “E” + See chapter 19 for defined terms. Appendix 3B Page 12 04/03/2013 Appendix 3B New issue announcement Step 4: Subtract “E” from [“A” x “D”] to calculate remaining placement capacity under rule 7.1A “A” x 0.10 Note: number must be same as shown in Step 2 Subtract “E” Note: number must be same as shown in Step 3 Total [“A” x 0.10] – “E” Note: this is the remaining placement capacity under rule 7.1A + See chapter 19 for defined terms. 04/03/2013 Appendix 3B Page 13